SpiritSwap
SpiritSwap is a decentralized exchange (DEXs) built on the Fantom Opera Chain; the platform is based on an Automated Market Maker.
All edits by Bublik Tubik
- Phase VII: v2 Optimized AMM.
SpiritSwap has a very flexible roadmap adjusted based on the overall market situation. They have launched an abundant number of DeFi products such as Farm, Lending, NFT, and IDO platform, which shows the careful preparation for future opportunities. Spiritswap’s product ideas and roadmap are as follows:
Moreover, the trading fee is 0.3% which is reasonable in comparison to other DEXs. To clarify, 0.25% of the fee goes to Liquidity Providers providing their tokens into pools. And the rest goes to the protocol vault responsible for the buy-back mechanism and distribution to inSPIRIT holders.
To swap one token for another, SpiritSwap offers an easy way to do so via automated liquidity pools. Like other popular DEXs on other blockchains, the swapping rate is calculated by the constant-product equation x*y=k.
SpiritSwap is one of the first Decentralized exchanges (DEXs) built on the Fantom Opera Chain that the platform is based on an Automated Market Maker. It allows users to swap without any intermediary and centralized governance. Working with an AMMAMM, Liquidity Pools automatically calculates the token price for two deposited tokens with high performance.
SpiritSwap
The SpiritSwap protocol adds incentives for Fantom network participants by introducing revenue sharing through the classic AMM model.
Find more companies like SpiritSwap
